- [UNTITLED]
- List of Tables and Figures
- Acknowledgements
- About the Contributors
- List of Acronyms
- The International Relations of Asia
- Realism and Asia
- The Liberal View of the International Relations of Asia
- Constructivism and International Relations in Asia
- Foreign Policy Analysis and the International Relations of Asia
- The International Society Approach and Asia
- International Relations Theory and the “Rise of Asia”
- Japan’s Foreign Economic Policies
- China’s Foreign Economic Relations and Policies
- The Foreign Economic Policy of a Rising India
- South Korea’s Foreign Economic Relations and Government Policies
- The Political Economy of Southeast Asia’s Foreign Economic Policies and Relations
- Central Asia’s Inside-Out Foreign Economic Relations
- Principal Developments and Future Directions in Asia’s Trade
- The Rise of Financial Cooperation in Asia
- Currency and Exchange Rate Regimes in Asia
- The Evolution of Foreign Direct Investment in Asia
- Production Networks in Asia
- Japan’s Foreign Security Relations and Policies
- The Domestic Context of Chinese Foreign Security Policies
- India’s Foreign and Security Policies
- Strong, Prosperous, or Great?: North Korean Security and Foreign Policy
- South Korea’s Foreign Relations and Security Policies
- Southeast Asia’s Evolving Security Relations and Strategies
- A Synthetic Approach to Foreign Security Relations and Policies in Central Asia
- Nuclear Politics in Asia
- Territorial and Maritime Boundary Disputes in Asia
- Energy Security in Asia
- Economic-Security Linkages in Asia
- Human Rights Developments in Asia
- Health Risks and Responses in Asia
- Forced Migration in Contemporary Asia
- Environment, Human Security, and Cooperation in Asia
- Asia’s Regional Security Institutions
- Ideas and Institutionalization in Asia
- Trade Institutions in Asia
- Geography and the Security Dilemma in Asia
- American Alliances and Asia’s Regional Architecture
- Strategic Asian Triangles
- Index
Abstract and Keywords
This chapter reviews the foreign direct investment (FDI) patterns of Japan, China, India, and South Korea, as well as smaller and emerging players stretching from Southeast Asia to Central Asia. By 2012 Asia accounted for 27% of FDI inflows and 17% of FDI outflows worldwide. Intraregional FDI accounts for about 40% of total FDI in Asia. Although there is a strong economic rationale for intraregional investment flows, Asia has a state-mediated investment model, meaning that states in the region remain pivotal regulatory gatekeepers. As such, the density in intraregional FDI does not support teleological scenarios about investment integration in Asia. Even as Asian states have enacted liberalizing investment arrangements, including regional BITs and innovative region-wide schemes, regional FDI remains vulnerable to a range of domestic realities, geopolitical distractions, and national security concerns.
Keywords: foreign direct investment (FDI), state-mediated investment, bilateral investment treaty (BIT), trilateral investment agreement, ASEAN Comprehensive Investment Agreement, (ACIA)
Saadia M. Pekkanen is the Job and Gertrud Tamaki Professor in the Jackson School of International Studies, Adjunct Professor in the Department of Political Science, and Adjunct Professor in the School of Law at the University of Washington, Seattle.
Kellee S. Tsai is Division Head and Professor of Social Science, Hong Kong University of Science and Technology, Kowloon, Hong Kong; and Professor of Political Science, Johns Hopkins University, Baltimore, MD, USA.
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- [UNTITLED]
- List of Tables and Figures
- Acknowledgements
- About the Contributors
- List of Acronyms
- The International Relations of Asia
- Realism and Asia
- The Liberal View of the International Relations of Asia
- Constructivism and International Relations in Asia
- Foreign Policy Analysis and the International Relations of Asia
- The International Society Approach and Asia
- International Relations Theory and the “Rise of Asia”
- Japan’s Foreign Economic Policies
- China’s Foreign Economic Relations and Policies
- The Foreign Economic Policy of a Rising India
- South Korea’s Foreign Economic Relations and Government Policies
- The Political Economy of Southeast Asia’s Foreign Economic Policies and Relations
- Central Asia’s Inside-Out Foreign Economic Relations
- Principal Developments and Future Directions in Asia’s Trade
- The Rise of Financial Cooperation in Asia
- Currency and Exchange Rate Regimes in Asia
- The Evolution of Foreign Direct Investment in Asia
- Production Networks in Asia
- Japan’s Foreign Security Relations and Policies
- The Domestic Context of Chinese Foreign Security Policies
- India’s Foreign and Security Policies
- Strong, Prosperous, or Great?: North Korean Security and Foreign Policy
- South Korea’s Foreign Relations and Security Policies
- Southeast Asia’s Evolving Security Relations and Strategies
- A Synthetic Approach to Foreign Security Relations and Policies in Central Asia
- Nuclear Politics in Asia
- Territorial and Maritime Boundary Disputes in Asia
- Energy Security in Asia
- Economic-Security Linkages in Asia
- Human Rights Developments in Asia
- Health Risks and Responses in Asia
- Forced Migration in Contemporary Asia
- Environment, Human Security, and Cooperation in Asia
- Asia’s Regional Security Institutions
- Ideas and Institutionalization in Asia
- Trade Institutions in Asia
- Geography and the Security Dilemma in Asia
- American Alliances and Asia’s Regional Architecture
- Strategic Asian Triangles
- Index
